The Performance of Defense Stocks in the Years After 2011

The S&P 500 plunged 19% from peak to trough in a matter of months. Lockheed Martin jumped 22% from its lows through the end of 2011. Northrop Grumman rallied almost 19%. The old Raytheon jumped 26%. General Dynamics gained 23% height in Ingalls, well, 38%.